PropertyIndians could find homes out of reach as prices surge, expert says
Knight Frank researcher expects real estate in India to outpace economies across Asia
Residential buildings in suburban Mumbai. Home prices in India's financial capital jumped 11.5% on the year in the July-September quarter. (Photo by Akira Hayakawa)
SAYAN CHAKRABORTY, Nikkei staff writer
December 26, 2024 16:36 JST
BENGALURU -- Real estate prices in India have the potential to outpace wealthier Asian economies as urbanization and economic growth spur home sales, but this could put new homes out of reach for many Indians, says a top executive at consultancy Knight Frank.